3521 INDIGO Drive
About This Property
Cash, or Hard Money ONLY, (NO FHA, NO VA, etc)
0 Day Inspection, pls do all verifications, inspections, confirmations before submitting offer
Buyer to verify all information as accurate.
Title: Seller is an LLC, w/Assignable contract on cash offer - Call for seller's name.
Closing Costs: Buyer to pay all closing costs.
Handyman Special, Needs TLC, Cash Investor Rehab ready, needs work
Lovely all concrete block home rehab ready. Tax rolls show its a 2/1 but there is an addition that seems to be grandfathered in that is also concrete block under the same roof with addtl SF and another bath. (2nd bath shower has been removed fyi).
Seems the SF to be 1,116 w/the back room, & bath. Also, you can enclose the carport for a full 1 car garage.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by POWERHOUSE REALTY INC. | $64,888 | |
| Listed by POWERHOUSE REALTY INC. | |||
Property Highlights
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About Southeast Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017